MY BLOCKCHAIN PROJECT CALLED EPEK
EPEK is a project meant to transform the the system and methods in which companies use in issuing there shares especially for private companies on the platform of blockchain called EPEKBOOK, users are allowed to comfortably access different categories of company and other information pertaining the company. Also,small scale industries can access the platform as a means of getting people aware of there existence. The project includes a stock broker who serve as a agent between the company and the public.
EPEK is created to provide solutions to the problems associated with companies in term of sourcing fund through shares such as low circulation, lack of transparency and copyright theft etc.
The native currency used on the EPEK is known as PEK. EPEKBOOK developed PEK to help finance the development of EPEK, it will help to finance product development, marketing and
advertising for the development of the platform. Users use PEK to gain access to EPEK platforms where they exchange their tokens for shares they need.
The white paper
EPEK was created on April 28 2021 through EPEKBOOK blockchain protocol by a Programmer called ADEDEJI OLUTAYO, this project decentralized platform is created to sell equity(shares), distribute the shares, and trade the shares digitally which gives the company and the users a new model of buying and selling shares digitally.
The EPEK platform hasn't gotten much subscribers within the last 24hours but it is said to generate at least more than 350,000 participants before the end of the month because it would be a platform where different people can come together to see to the making of a project.
The project will allow users to search for companies offering shares,buy and pay the company with PEK. In a situation where a shareholder buys share and wishes to sell it to another shareholder, the company gets a commission from this resale also thereby helping companies to monetize their shares.
Reasons for creating EPEK
The major reason for creating EPEK is to modernised the issue is shares system and also rectify the problems associated with the exchange and accessibility to shares part of this problem are:
Fraud : The normal share exchange system is associated with risk of fraud, sometimes the shares issued is different to what is actually written in the the memorandum of associCommitte
the company so scamming is very common.
These and many other problems were considered before creating EPEK so the developers provided solutions and some of the solutions or services that EPEK offers are:
To intending shareholders
They have access to all kinds of companies, there are millions of company's shares on the net which people can buy, all these shares are thoroughly scrutinized to validate the company's share if it is genuine.
People have access to chat with the company to ask questions related to the shares issued and shareholder who purchase the shares can resale it out to others on the platform although the company get a commission out of the exchange,hence, it possess the quality of quick liquidity.
The unit to be resale can actual be transferred electronically or total forfeiture of it to the company in exchange for a certain amount. It is neccessary to know that all users must have the token before they can enjoy these services as PEK is the only medium of exchange. Also, it will serve at a means of investment for young generations who might want to invest.
To Companies
They can easily call the public to subscribe to their shares on the EPEK block chain which is fast and accurate. The block chain also help the company to automatically compile the shares subscribed by the public.
The market value of EPEK is expected to grow rapidly over years to come because it it to be sold at the rate of $2 per unit and if one million units is to be offered to the public,it will generate a fund not less than $2Million.
Roadmap
The roadmap of EPEK investment scheme is to gain the heart trust of companies in helping reaching their satisfactory point by providing funds in the advancement of investment programme and also for the helping of able bodied engineers in dispersing technology facilities and be paid for without irrelevant stress of paying not for profit transactions charges in getting the invention purchased.
The roadmaps might undergo risk of hackers trying to login through the scheme of being a shareholder,logged In as a means to hack the account and steal PEK coin, contingency methods have been made that security measures in the blockchain will be updated occasionally to help reduce Rick of being hacked and preventive measures like biological data on companies or the use of security tokens.
The EPEK is to give effectiveness in creating sufficient fund which a company require to run it business successfully.
ROADMAP
April 2021 - Creation of EPEK Project
June 2021 - Creation of EPEK Website/App
AUGUST 2021 - Been Able to have at least 500 Participant
October 2021 - Leading the race to hit 1, Million Participants
NOVEMBER 2021 - On boarding New Board of Committe